For thousands of consumers throughout the United States foreclosure on their homes is something that has become unavoidable. High unemployment rates have hit consumers hard and despite federal intervention many still face losing their homes.
The Hardest Hit Fund is available only in those states that are struggling with unemployment rates at or above the national average, or declines in the housing market that are greater than 20 percent. The concept behind the funding is to reduce the principal of the mortgage amount as opposed to solely addressing the interest rate.
Morgan Drexen is a consumer rights advocate law firm. Our primary mission is to provide consumer access to both bankruptcy as well as debt settlement alternatives. Preventative Bankruptcy is a common practice in use by the law firms. The alternative legal practice to debt settlement is an attorney-assisted debt resolution service called Non-Formal Debt Resolution.
Morgan Drexen is a software and support service provider to America’s law firms. The law firms we support provide a wide range of legal services in a variety of areas including the financial sector.
We uses legal automation to support more than 35 law firms across the country. These attorneys help consumers struggling with high levels of debt. Desmond Adams is a creditor relations supervisor for Morgan Drexen. His words echo those of Chessen.